Press "Enter" to skip to content

Posts published in June 2019

Ready or Not, Here it Comes. 2020 W-4


The W-4 form has remained basically unchanged for many decades.  For a flashback, here is what it looked like in 1990:–1990.pdf.  Unchanged until now, that is.  The IRS has done a complete revamp of the form for 2020 by adding many additional fields for the employee to complete as well as removing ‘number of allowances.’  You may ask how that can be since the number of allowances basically dictated the amount of federal income tax withheld from a paycheck. You need to see the new form to believe it, and here it is:–dft.pdf. The form asks the employee…